Thomas Barrack, the billionaire businessman and ally of former President Donald Trump charged with illegally lobbying for the United Arab Emirates, will likely be released from a California jail on …
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Trump ally facing UAE lobbying charges released on massive $250m bond
A federal judge in Los Angeles ordered the release of Thomas Barrack, a private equity investor and former campaign adviser to Donald Trump, on a massive $250m bond after reaching a deal with federal …
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Tom Barrack SPAC pulls SEC registration, IPO plan as bail hearing for Trump ally moved to Friday in L.A.
Thomas Barrack, a close friend of Donald Trump, is accused of illegally lobbying for the United Arab Emirates during Trump’s campaign and presidency.
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UAE unveils more regulations to drive new era in digital payments
The Central Bank of the UAE (CBUAE) has unveiled new regulations as it prepares the country for a new era of digital payments. The Retail Payment Services and Card Schemes Regulation is the fourth in …
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PolicyBazaar IPO Next? PB Fintech Planning Rs 6,500 Cr Fundraise At $5 Bn Valuation
PB Fintech, the parent of SoftBank-backed PolicyBazaar, is planning to raise up to Rs. 6,500 crore ($870 million) through an initial public offering (IPO).
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It’s so hot in Dubai that the government is artificially creating rain
With temperatures in Dubai regularly surpassing 115 degrees Fahrenheit, the government is now using drones to zap clouds with electricity, creating rainstorms.
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Dubai tycoon BR Shetty sues BoB, EY, Dutch bank
Dubai-based businessman BR Shetty has sued Bank of Baroda, EY and Credit Europe Bank of the Netherlands in a New York court, claiming $8 billion in damages. Shetty has alleged that these entities did …
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Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring fraud
Claims Dubai-based firm NMC Healthcare sank because the two entities turned a blind eye to a series of fictitious transactions …
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UAE sees most MENA equity capital market activity in first half of 2021
Equity and equity-related issuance in the MENA region totalled $2.1 billion during the first half of 2021 marking a 139 percent increase in proceeds and the highest total since 2018 …
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Crude Oil Prices Plunge Due To The Delta Variant Fear
The plunge in crude oil prices may be somewhat related to the fear of a global economic slowdown as the Covid-19 Delta variant spreads.
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Mubadala’s GlobalFoundries committed to IPO plan in 2022 – CEO
The US-based GlobalFoundries, a chipmaker owned by Abu Dhabi’s Mubadala Investment Company, is committed to its plan for an initial public offering (IPO) in 2022, the company’s CEO, Tom Caulfield, …
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UAE’s first half 2021 bank results point to economic recovery gaining traction
Dubai: The overall gains in the bank results for the first half of the current year compared to the same period last year confirms the improvement in the economic conditions supporting credit growth …
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Clifford Chance Leads in First UAE IPO in Over Three Years
The firm has been busy racking up capital markets mandates in Europe, and is now leading the charge in the Emirates.
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Napier sets up at Dubai’s leading financial center in the Middle East with new DIFC office
Napier, provider of advanced anti-financial crime compliance solutions, has announced it has extended its global footprint by opening a new office at Dubai International Financial Centre (DIFC), the …
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UAE: Is it wise to re-finance your home close to retirement?
UAE: I’m 40 years old and have saved no money. How can I retire at 65? UAE: Retirement checklist – what all should I make sure to do five years before retiring? Dubai: Let’s say you are approaching …
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Trucks Stuck as Saudi-UAE Competition Spreads to Trade
Trucks are lined up for hours at the border between Saudi Arabia and the United Arab Emirates as some international manufacturers find their goods snarled up in a deepening economic rivalry that’s …
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Mechanical, Electrical and Plumbing Services UAE Market to 2030 – Industry Analysis and Growth Forecasts – ResearchAndMarkets.com
The “U.A.E. Mechanical, Electrical and Plumbing Services Market Research Report: By Service Type (Electrical, Mechanical, Plumbing), End User (Residential, Retail, Commercial, Industrial, Government, …
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